Tourism up, but growth slows
The Tunisian economy is in slowdown mode despite a rebound in tourism that is one of the central plans for economic growth. Growth in Tunisia’s economy slowed in the nal months of 2018 for the second quarter in a row, although it is still running at relatively strong levels. GDP growth was 2.2% in the fourth quarter of 2018, down from 2.8% in the previous quarter and 2.9% in the previous quarter, which had been its strongest growth in ve years, o cial gures showed. The 2.2% gure was the slowest for a year. The main drivers for the slowdown were both services and manufactur- ing contracting. Services growth contracted by 3.6% compared with growth of 3.7% previously while for manufacturing the contraction eased to 0.5% from 0.7%. However o cial gures showed that Tunisia appears to be succeeding in winning back tourists, who form a major part of the econ- omy. Tourism revenues jumped in 2018 to $1.36bn as the country saw the arrival of a record 8.3m visitors. The number of tourists jumped to 8.3m from 7m in 2017, .and higher than in 2010, a benchmark year for Tunisian tourism. Hotels were lled with visitors from Algeria, Russia and other parts of Europe.